Dhaka, Bangladesh (BBN)- The REPO auction of Bangladesh Bank for commercial banks and financial institutions was held on Wednesday, officials said.
Sixteen bids of 1-day tenor amounting total of BDT 338.8873 billion were received. Of those, all bids amounting total of BDT 22.0143 billion were accepted. 1 bids of 1-day tenor amounting to BDT 502.10 million were received as special Repo. Of those, all bids of 1-day tenor amounting to BDT 500 million were accepted.
Moreover, 14 primary dealers of 1-day tenor amounting total of BDT 58.2337 billion were provided as Liquidity Support Facility. The rate of interest both of REPO and Liquidity Support Facility was 6.75 percent but for the special REPO the interest rate was 8.75 percent per.
BBN/SSR/AD-29June11-9:29 pm (BST)
